The stablecoin payment service provider Crydit will distribute Crydit SBT as an on-chain certificate to Crydit Card holders, who will receive an airdrop reward of the Plasma Token XPL. Crydit supports payments using stablecoins such as USDT, USDC, and DAI through its encryption wallet, and has launched unlimited Crydit Visa Cards and a Mastercard suitable for small purchases. In the future, it will explore technology solutions related to stablecoin payments in depth.

Gate News bot message, the Radiant Capital hacker executed a new ETH purchase, converting 8.64 million DAI into 2,109.54 ETH at a rate of $4,096 per ETH. This transaction follows their previous activities, where they transformed stolen funds of $53M into $102.54M through ETH trading, generating $49

Radiant Capital Hacker recently repurchased at a low price during the ETH pullback, selling 9631 ETH for DAI, and then used DAI to buy 2109.5 ETH. Currently, the total value of ETH and DAI held is approximately 94.63 million USD, an increase of about 41.63 million USD compared to the funds stolen last year.

Gate News bot message, The Ethereum Foundation has conducted a series of ETH transactions over recent days. The Foundation address sold 1,100 ETH for 4.89 million DAI. The total sales over a 3-day period amounted to 7,294 ETH, converted to 33.25 million DAI at a price point of $4,558. In a separat

Gate News bot message, a wallet associated with the Ethereum Foundation has completed multiple ETH sales over the past two days. The wallet sold 2,099 ETH for $9.61M DAI in its latest transaction. Combined with previous sales, the total amount reached 6,194 ETH, converted to $28.36M DAI at a price o

Radiant Capital Hacker sold 4,326 ETH in the past hour, exchanging for 20.475 million DAI, with a total of 9,631 ETH sold for 43.937 million DAI, reaching a total value of 102 million USD, with stolen assets valued at 53 million USD.

Gate News bot message, the exploiter of Radiant Capital (@RDNTCapital) has converted 2,496 ETH to 11.83 million DAI at a price of $4,741 per ETH. This transaction is connected to the October 17, 2024 security breach where Radiant Capital lost $53 million.

Golden Finance reports that in the past 4 hours, a wallet associated with the Ethereum Foundation sold 4,095 ETH at a price of 4,578 dollars per token, in exchange for 187,500 DAI. In May 2017, the wallet received 20,756 ETH from the Ethereum Foundation (worth $4.75 million at the time).

Gate News bot message, an Ethereum Foundation-associated wallet (0xF39d) executed a significant transaction, converting 1,695 ETH to 7.72M DAI at a rate of $4,556 within a 2-hour period. The wallet's history reveals it initially received 20,756 ETH (currently valued at $95.5M) from the Ethereum Foun

Gate News bot message, the Infini (@0xinfini) exploiter has executed a significant transaction, converting 1,771 ETH to 7.44M DAI at a rate of $4,202 per ETH. This transaction occurred during the recent ETH price surge. The action follows the February 2025 security breach of the neobank, which resu

Gate News Bot News, August 4th, according to CoinMarketCap data, as of the time of writing, SPK (Spark) is currently priced at 0.12 USD, with a rise of 24.75% in the past 24 hours, reaching a high of 0.12 USD and a low of 0.08 USD. The current market capitalization is approximately 126 million USD, an increase of 25 million USD compared to yesterday. Currently, SPK ranks 298th in the global Crypto Assets market capitalization. Spark is a decentralized finance platform focused on providing users with stablecoin yields. Users can earn a 4.5% yield on stablecoins through Spark Savings and can withdraw USDC, USDS, or DAI at any time without slippage or platform fees. Spark also offers SparkLend lending services, allowing users to borrow USDC and USDS by collateralizing assets. Spa

Gate News Bot news, on July 30th, according to CoinMarketCap, as of the time of writing, SPK (Spark) is currently reported at $0.11, rising by 21.47% in the last 24 hours, with a maximum of $0.19 and a minimum drop to $0.08. The current market capitalization is approximately $120 million, an increase of $21.1 million compared to yesterday. It currently ranks 324th in the market capitalization of Crypto Assets. Spark is a DeFi protocol focused on stablecoin yields. Users can earn a 4.5% yield on stablecoins through Spark Savings, which can be withdrawn anytime as USDC, USDS, or DAI, with no slippage and platform fees. Spark also offers SparkLend lending services, where users can borrow USDC and USDS, with transparent interest rates determined by governance. SPK is Spa

Odaily News MetaMask officially announced that it will launch the Stablecoin Earn feature with the support of Aave, allowing users to directly deposit stablecoins such as USDT, USDC, and DAI in the wallet front end and earn returns through Aave. There are no lock-up restrictions on deposits, and they can be withdrawn at any time.

According to a report by Jinse Finance, on-chain analyst Yu Jin monitored that the Infini hacker started to sell and transfer ETH after making a profit of 11 million USD on the ETH in hand. On 2/24, Infini lost approximately 49.5 million USDC. The hacker bought 17,696 BTC with USDC at a price of 2,798 USD, and has not made any further operations since. Five months later, today the price of ETH broke through $3,400. The value of ETH in the hands of the Hacker increased by $11 million, reaching $60.5 million. So the Hacker also took action: Sell 1,770 ETH for 5.878 million DAI; Deposit 5,001 ETH into Tornado

According to BlockBeats news on July 17, monitoring by Slow Mist's Yuxian indicates that the Infini hacker's new address is exchanging some ETH for DAI. As of the time of publication, this address has obtained 5.87 million DAI by selling ETH.

According to the Gate News bot message, data monitored by @ai_9684xtpa shows that a new Address recently purchased 2,477 ETH with 6.18 million DAI, with an average transaction price of $2,496.22. The data indicates that this transaction occurred 3 hours before the monitoring.

According to Gate News bot, the monitoring report from on-chain analyst Ai Yi (@ai_9684xtpa) shows that a newly created Wallet Address 0x521 has made a notable transaction recently. The address invested 6.18 million DAI in just 3 hours, successfully purchasing 2477 Ether (ETH). The average cost of this transaction was per ET

According to Gate News bot, data from Nansen shows that two wallets associated with the same entity completed a large crypto assets transaction. The two wallet addresses are 0x521caa9ae82ad6baac0a7cabc163a21683a34bf5 and 0x783dbc65141df8995faeb3c73098ba5bd23ab948, with a total expenditure of 12.37 million DAI, purchased at a price of 2495 dollars each.

According to ChainCatcher news and monitoring by Lookonchain, 4 days ago, 2 wallets panic sold 4,598 ETH for 10.95 million DAI, with a selling price of 2,383. 4 hours ago, as ETH rebounded, they bought back 4,455 ETH for a higher price of $2,459 (10.95 million), incurring a loss of 142 ETH ($353,000).

According to the monitoring by Yu Jin, a certain Whale exchanged 220.1 cbBTC for 6,202.4 ETH at the beginning of the year. If the coins were held until now, BTC would have appreciated to 23.72 million USD, while ETH would only be 15.35 million USD, resulting in unrealized losses of 8.37 million USD. Recently, the Address sold 3,158 ETH for DAI at 2,378 USD, and then repurchased 3,053 ETH at 2,460 USD, incurring a loss of approximately 260,000 USD.

According to BlockBeats, on June 26, as monitored by Lookonchain, 4 days ago, 2 wallets panic sold 4,598 ETH for 10.95 million DAI at a selling price of $2,383. Three hours ago, as ETH rebounded, they bought back 4,455 ETH for a higher price of $2,459 (10.95 million USD), incurring a loss of 142 ETH (353,000 USD).

A whale exchanged 220.1 cbBTC for 6202.4 ETH at the beginning of the year. If the coins were held until now, the BTC would have appreciated to 23.72 million USD, while the ETH decreased to 15.35 million USD, resulting in unrealized losses of 8.37 million USD. Recently, the Address sold 3158 ETH for 7.51 million DAI, and then used DAI to repurchase 3053 ETH, incurring a loss of 260,000 USD.

The privacy solution Privacy Pools, supported by Ethereum founder Vitalik Buterin, will increase support for USDT, USDC, and DAI stablecoins, aiming to achieve compliant on-chain privacy by filtering illegal funds through a mixed network design.

Gate News bot message, the Central Bank of Korea is advocating the phased introduction of a Stable Coin denominated in Korean won, with priority given to strictly regulated commercial banks for the initial issuance. Ryoo Sang-dai, senior deputy governor of the Bank of Korea, stated that this is aimed at managing the potential impact of these digital assets on monetary policy and financial stability.

Gate News bot message, on June 16th, U.S. time, the stablecoin USDC issuer Circle had a strong performance on its first day of trading in the U.S. stock market. Data shows that Circle's stock price briefly reached a high of $165.60, ultimately closing at $151.06, a 434% rise from the $31 issuance price, with a market capitalization of $33.617 billion. According to statistics from the Wu Shuo team, the major global stablecoin projects include USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD. The statistical content covers information such as the market capitalization, issuers, and collateral of each project.

According to Gate News bot, monitored by Onchain Lens, a few hours ago, Metalpha withdrew 18,000 ETH (48.05 million USD) from CEX. They offered it to Spark, borrowed 12 million $USDS and 8 million $DAI, exchanged it for 20 million USDC, and then deposited it back to CEX.

According to Gate News bot, on-chain analyst Yu Jin monitored that in the past half hour, Ethereum co-founder Vitalik Buterin transferred 693.9 ETH through the 0x1810 Address using Railgun, which is worth 1183 ten thousand USD and 340,000 USDC. Among these, 205.5 ETH were purchased using 317,000 DAI and 33,000 UNI.

Gate News bot messages, according to Arkham monitoring data, Ethereum co-founder vitalik.eth purchased 119.97 WETH using 317,000 DAI through Cow Protocol at 16:56 UTC+8. Subsequently, during 17:08-09 UTC+8, vitalik.eth 0x18... F10E transferred 6,939,13 ETH (about $1.83 million) and 340,900 USDC to the privacy protocol Railgun. Vitalik Buterin previously commented on the Railgun mixer, stating: "Privacy is normal; Railgun uses a privacy pool protocol, which can effectively prevent malicious actors from joining and protect user privacy." Source: Wu Says

According to a report by Jinse Finance, the Cyvers Alerts system has detected multiple suspicious transactions involving Nervos.bit. A suspicious address appears to have gained control of the cross-chain bridges, stealing assets worth approximately 3 million dollars: 25.78 million USDT 539.09 ETH 89.83 million USDC 60,400 DAI 0.79 WBTC All funds have been converted to $ETH and sent to Tornado.

PANews, May 29th news, according to Onchain Lens monitoring, a Whale has just bought 2.27 million LDO for 2.2 million DAI, with an average transaction price of $0.96. The address currently still holds about 737,000 DAI and may continue to increase its LDO holdings.

Gate News bot message, encryption payment service provider Crydit launched a Visa debit card product supporting stablecoins globally in May. This product supports payments in physical scenarios using digital assets such as USDT, USDC, DAI, and USD1. When users use stablecoins through the Crydit platform wallet, the system will transfer the corresponding assets from the accounts of custodians such as Cobo and Ceffu to the consumption account via smart contracts, completing the payment process. Source: wublock123

According to Golden Finance reports, on-chain analyst Onchain Lens (@OnchainLens) monitored that a trader exchanged 2.6 million DAI for 1,019 Ether, at a unit price of 2,549 dollars. Subsequently, the trader transferred 1,000 Ether through the Tornado Cash mixer. The trader still holds 2.52 million DAI in another wallet.

PANews May 26 news, according to Onchain Lens monitoring, a TornadoCash trader exchanged 2.6 million DAI for 1019 ETH at a unit price of 2549 USD and transferred 1000 ETH through TornadoCash. The trader still holds 2.52 million DAI in another wallet.

According to Coindesk, ChainCatcher reported that Steakhouse Financial's report indicates that Sky (formerly MakerDAO) lost $5 million in the first quarter of this year, primarily due to the doubling of Interest paid to Token holders. This was mainly to encourage users to use the new stablecoin Sky Dollar (USDS) to replace the original DAI. Interest expenses increased by 102%, in stark contrast to the $31 million profit from the previous quarter.

The DeFi protocol Sky (formerly MakerDAO) reported a net loss of 5 million USD in the first quarter, mainly due to a 102% surge in interest payments to stablecoin holders. The launch of the new stablecoin USDS resulted in a significant increase in interest expenses, as USDS did not create new demand but only attracted zero-interest DAI holders. Sky's "endgame plan" to launch USDS aims to create a more compliant stablecoin, and although the total supply has risen, the interest burden may be alleviated.

Sky (formerly MakerDAO) reported a loss of $5 million in the first quarter of this year, primarily due to a doubling in interest expenses paid to token holders. This stands in stark contrast to a profit of $31 million in the previous quarter. To promote the newly launched stablecoin Sky Dollar (USDS), Sky decided to replace the existing DAI by offering higher incentives.

According to the Gate.io News bot, CoinDesk reported that the DeFi savings protocol Sky experienced a loss of $5 million in the first quarter of 2025, contrasting sharply with a profit of $31 million in the previous quarter. Data shows that the interest expenditure of the newly launched stablecoin USDS by Sky increased by 102%, which is due to the measures taken by the protocol to attract investors to switch from DAI to USDS. The interest rate of USDS has been lowered from 12.5% at the beginning of the year to 4.5% in February. During this period, the total supply of USDS and DAI increased by 57%. Among them, the Ethena protocol contributed over $450 million in funds, which were used to stake USDS and distribute the earnings to holders of its stablecoin USDe.

Sky recorded a net loss of $5 million in the first quarter of 2025, primarily due to increased interest payment costs to Token holders. This is because Sky decided to incentivize the use of the new stablecoin USDS instead of the existing DAI, leading to a decline in profitability. Although a higher USDS yield was offered to attract users, it failed to bring about a corresponding rise in lending demand. (CoinDesk)

PANews, May 13 news, according to Onchain Lens monitoring, a Whale address starting with 0x454 purchased 4586.79 ETH at a price of $2455 each. The transaction used 67 WBTC (approximately $6.85 million) and $4.41 million in DAI, with a total transaction amount exceeding $11 million.

Gate.io News bot message, according to Nansen data, a Crypto Assets Whale Address (0x454cf3892a949c94569ab2663090ecdca811a6f0) completed a large transaction. The address purchased 4,586.79 ETH for 67 WBTC (approximately 6.85 million USD) and 4.41 million USD DAI, with a transaction price of 2,455 USD per ETH.

Golden Finance reports that, according to defillama.com, the total market capitalization of stablecoins is currently $242.97 billion, and the stablecoin market shrank by $36.95 million last week. USDT maintains its leading position with a valuation of $149.87 billion, with a 7-day increase of only 0.36%. Currently, USDT accounts for 61% of the total market capitalization of stablecoins. In contrast, USDC fell by 1.21% during the same period, with a market capitalization of $60.808 billion. DAI rose by 6.39% last week, reaching a market capitalization of $4.372 billion.

According to the Gate.io News bot, data from Nansen shows that two wallet addresses suspected to be from the same entity are 0xef9fc75f3eac4baf72e0de24c8677187523e85c6 and 0xdf72beb504df8612e7594a4878e23461c5fde34e, which paid 14.54 million USD through DAI and USDT to purchase 7293.44 ETH at a price of 1993.8 USD each.

PANews, May 7 news, Gnosis Chain announced on platform X that third-party applications need to take action as the xDAI bridge contract is undergoing a critical upgrade: on Ethereum, DAI will be replaced by USDS as the default accepted token, while xDAI will continue to be minted on Gnosis Chain. Third-party applications must integrate with the new bridge router on Ethereum by June 8, 2025.

Jin10 reported on May 6 that Ms. Dai Zuyu, one of the actual controllers of the company, passed away recently due to illness. Ms. Dai Zuyu held 93.7905 million shares of the company, accounting for 22.86% of the company's total share capital. The company will fulfill its information disclosure obligations in a timely manner based on the progress of subsequent matters. Ms. Dai Zuyu did not serve as a director, supervisor, or senior management personnel of the company, and her passing will not affect the company's production and operations.

PANews May 1 news, according to Onchain Lens monitoring, a Whale deposited 4,815 ETH (worth 8.86 million USD) into Spark, and then lent out 4.5 million DAI, subsequently exchanging these DAI for USDS and depositing them into Aave V3. The wallet received ETH from multiple wallets, and the ETH originally received by these wallets came from Tornado.